Zheng Jingping
Zheng Jingping
attach economic economy-and-economics importance protect resources
We need to attach importance to the sustainability of economic growth. We also need a better use of resources and to protect the environment.
attention bank bit boost consider disorders economic economy eventually expansion faster gained grew inflation lead loans rapid short state
Bank loans grew a bit faster in the first quarter, which has gained the attention of the State Council. Rapid expansion may boost the economy in the short term, but it will eventually lead to inflation and economic disorders and we should consider it seriously.
consumed country economy impact increase means oil percent price public surely
The oil price increase surely will have impact on China's economy as 40 percent of oil consumed in the country is imported, ... especially on some sectors, like agricultural means of production, oil refinery and public transport. But the impact is limited.
continued develop economy good growth momentum rapid steady target towards
The nation's economy has continued to develop towards the target of macro-regulation as a good momentum of steady and rapid growth is maintained.
economy giving good grow next year
The economy should grow by about 9% or more, giving next year a good start.
bringing economy government instead interests key law lies line ordinary policy preventing prices
The key of our policy lies in preventing the (real estate) prices from surging too fast, instead of bringing down the prices abruptly, which is not in line with the law of economy or interests of the government and ordinary people.
combined decline drop government gradual housing price result stable wants
The stable price drop combined with the gradual decline in housing investments, is what the government wants to result from its macro-control,
adopt bank country economic ensure fast growth include measures problems prominent quick relatively steady tackle
Prominent problems include too quick growth in fixed-asset investments and bank loans, which the country will adopt measures to tackle to ensure a steady and relatively fast economic expansion.
adopt bank country economic ensure growth include keeps measures plans problems prominent prompt rate steady
Prominent problems include a too prompt growth rate in fixed-asset investments and bank loans, which the country plans to adopt measures to tackle, as well as measures to ensure it keeps its steady economic growth.
advantage china cost last low period production surplus trade
The trade surplus in China may last for a period as China's advantage of low production cost still exists.
happen
Frankly, I don't think this coincidence will happen again.
appreciation cannot currency simply solve
Simply resorting to currency appreciation cannot solve the problem. This has been illustrated by Japan's case.
affected crude degree high oil overall per
China's overall crude oil consumption is about 8% or 9% of world consumption and per capita consumption is a little less. So we are affected (by high prices) but the degree that we are affected is limited.
abundant bank chinese demand forces growth guarantee high labor market rapid rate robust
China's high rate of bank savings, investment, robust market demand and abundant labor forces guarantee the rapid growth of the Chinese economy.